"Analyzing the Importance of Logistics in Supply Chain Management"

Abstract

The supply chain management process is the integration of the main business process and the coordination of the actions of the parts of the chain to synchronize all the activities performed during production and distribution, which adds value to the end user and eliminates all inefficient activities. Supply chain management is not only about increasing the productivity and profitability of the individual business components in the chain, but also about optimizing the entire system to achieve high quality service at an overall cost. The paper is based on the secondary data. In this paper, an attempt is being made to understand the importance of logistics in SCM and the complexities and challenges faced in implementation of Supply Chain Management.